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SCOTUS Voids Trump Tariffs, Ignites Market Chaos

February 23, 2026·1 day ago·via FinancialContent
SCOTUS Voids Trump Tariffs, Ignites Market Chaos
The Supreme Court delivers a constitutional checkmate, voiding President Trump's sweeping tariffs in a 6-3 decision that sparks global market turmoil. Justices rule IEEPA does not grant unilateral tariff power, affirming Congress's Article I authority over taxes and duties against executive overreach. Trump's emergency orders on imports from key partners like Canada and Mexico get struck down, disrupting trade deals and importer refunds.

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